121 Eastlake Dr, Spartanburg, SC 29302
4 beds · 3 baths · sqft
Luxury Estate in Spartanburg – 5 Acres with Pool, Pond & Outdoor Oasis! Discover this extraordinary luxury home for sale in Spartanburg, SC, nestled on 4.92 acres of pristine land with a private fishing pond, saltwater swimming pool, and exquisite outdoor living spaces. This renovated 4-bedroom, 2.5-bath ranch-style home offers the perfect blend of privacy, elegance, and convenience—just 10 minutes from downtown Spartanburg and 15 minutes from the sought-after west side. As you enter through the gated driveway, you'll be welcomed into a secluded estate, fully fenced and surrounded by towering evergreens. The newly paved driveway accommodates up to 8 vehicles, leading to your private outdoor paradise. Whether you're fishing in your stocked pond, unwinding in the saltwater pool (featuring a brand-new liner and pump), or entertaining in the gazebo and expansive decks, this property offers the ultimate backyard oasis. Enjoy the elegant Interior with High-End upgrades! Inside, this home boasts a spacious great room with a stunning fireplace and custom built-ins, creating a warm and inviting ambiance. A second living area, complete with its own fireplace and bookcases, opens onto a screened-in porch, where you can enjoy picturesque views of the landscaped grounds. The master suite is a true retreat, featuring French doors that open directly to the pool and outdoor decks. The chef’s kitchen has been completely transformed with custom cabinetry, pull-out shelving, soft-close drawers, and top-of-the-line finishes, making it as functional as it is beautiful. Additional premium home features & upgrades include: New roof & energy-efficient windows, Lennox HVAC system & upgraded insulation, 80-gallon hot water heater & high-speed fiber internet, new spa-inspired bathrooms with luxury fixtures, vanities & bidet, meticulously landscaped grounds with azaleas, olive trees & tea trees. This luxury estate in Spartanburg is more than just a home—it’s a lifestyle. Enjoy the perfect balance of tranquil country living with easy access to shopping, dining, and top-rated schools district 6 schools! Don’t miss your opportunity to own this one-of-a-kind private retreat. Schedule your private showing today!
Source: GREENVILLESC #1548075
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: GREENVILLESC #1548075
To qualify, you must meet the current FHA or VA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50%. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Save search” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 620, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.